RESOLUTION 2019-02

WHEREAS, the Board of Supervisors, hereinafter referred to as the "Board", of the Rivers Edge Community Development District, hereinafter referred to as "District", adopted a General Fund Budget for Fiscal Year 2018, and

WHEREAS, the Board desires to reallocate funds budgeted to re-appropriate Revenues and Expenses approved during the Fiscal Year.

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE RIVERS EDGE COMMUNITY DEVELOPMENT DISTRICT TO THE FOLLOWING:

The General Fund Budget is hereby amended in accordance with Exhibit "A" attached.

This resolution shall become effective this 14thday of November, 2018 and be reflected in the monthly and Fiscal Year End 9/ 30 / 18 Financial Statements and Audit Report of the District.

Rivers Edge
Community Development District

by:

RIVERS EDGE CDD RESOLUTION 2019-02

EXHIBIT A

'Rivers '.Edge
Community  'De-vefoyment  :District T!J18 (genera{ Juncf 'Budget .Jlmend"ment #1 Jor 'Irie Period:'E:rufing Seytem.Eer 30, 2018

YWOP'I'EV	
IN=.:AST	
:A:MT!N'JYEV	
.'ACTU.J\L		
1Jescrivtion	1!'111J(gT'l	(VTCR:1'.:AST)	1!'111J(gT'l	9/30/18		

..'Assessments - 'Ro[{	
$491,527	
$0	
$491,527	
$493,123	
..'Assessments - Virect	$1,008,401	$0	$1,008,401	. $1,008,401	
:Misc Income/Interest	$1,000	$15,555	$16,555	$16,555	
'Rentaf'Revenue	$5,000	$6,617	$11,617	$11,617	
'Devefoyer Cost Sliare -Jvl.attamy ('Roads/Storm.water)	$90,507	$0	$90,507	$90,507	
'De-vefoyer ContrWUtions	$282,211	$515,397	$797,608	$711,992	
I'.tota£Income	$1,878,646	$537,569	$2,416,215	$2,332,1951	
'Expenditures					
 ..'Aaministratfa•e						
Suyervisor fees	$6,000	($2,000)	$4,000	$4,000	
YJC.Jl 'Exyense	$459	($153)	$306	$306	
'F:n{Jineering (Prosser)	$20,000	$0	$20,000	$19,044	
..'Assessment 'Ro([	$4,500	$0	$4,500	$4,500	
..'Attorney	$40,000	$21,540	$61,540	$61,540	
.Jlnnua{..'A:udtt	$5,200	($800)	$4,400	$4,400	
'I'rustee J"ees	$6,500	$3,076	$9,576	$9,576	
'Dissemination	$5,500	$1,517	$7,017	$7,017	
.JJ:r6itra.ge	$1,200	$0	$1,200	$1,200	
.7vlanagement J"ees	$45,000	$0	$45,000	$45,000	
Information 'I'ecfinoWgy	$2,500	$0	$2,500	$2,500	
'.teG?.ylione	$100	$60	$160	$154	
'Postage	$1,000	$100	$1,100	$1,094	
'Printing & 'Binding	$2,700	$5,338	$8,038	$8,038	
Insurance	$8,038	($4,693)	$3,345	$3,345	
Lega[.'A.£vertisi11f3	$3,000	$1,164	$4,164	$4,164	
Otfier Current Cfiarges	$1,000	($282)	$718	$718	
Office Suyy{i£s	$200	($47)	$153	$153	
'Dues, Licenses & Su6scriytions	$175	$0	$175	$175	
Tota[.'Aaministrative 'Ex enses	$153,072	$24,820	$177,892	$176,923	

    §rounds Jvt.aintenance							
:fieGf O peratiom .'M.anagement	$32,500	($2,614)	$29,886	$29,886	
Landscaye .Maintenance	$579,438	$123,000	$702,438	$681,402	
:Mulcli	$70,000	($12,000)	$58,000	$55,208	
Landscaye 'Reserves	$20,000	$168,607	$188,607	$188,607	
Irrigation 'Repairs and:.7vlaintenance	$7,620	$40,000	$47,620	$42,799	
Lafi.es, 'Vegetation aruf .'Algae Contra[	$52,980	$0	$52,980	$49,345	
Irrigation'Water 'Use	$200,000	$22,478	$222,478	$222,478	
'Ef.ectric	$6,000	$35,518	$41,518	$41,518	
Street Li,gfitine & Si,gnage 'Re pairs and:1{e placements	$5,000	$71,355	$76,355	$76,355	
Street aruf'Draina.ge .Maintenance	$5,000	($4,341)	$659	$659	
Otfier 'Reyairs an£ Jvt.aintenance	$2,500	$43,000	$45,500	$42,812	
Tota[(]rounds Jvt.aintenance 'Expenses	$981,038	$485,003	$1,466,041	$1,431,069	

'.Rivers 'Edge
Community 1JeveWpment 1Jistrict
JY18 (jenera[:fund:13udjJet ..'A..mend"ment #1
:for 'Ifie. Perincf'Endlng Seytem6er 30, 2018

.;,\CT!LJ\L
9/30/18

.'A1J01''.l'EV	I:NC'R:E.'AS'E	:A:M'E:NV'EV
'.B'UVfj'E'.l	(V'EC'R:E.'AS'E)	'.B'UVfj'E'I'

1Jescrivtion

..'Amenity Center
(jenera[:Manager	
$32,500	
$419	
$32,919	
$32,919	
]'aciEity :Manager/Lifestyle Virector (.'ASfj)	$26,750	$347	$27,097	$27,097	
£ifeguards/1'oo{.;\ttendants (.'ASfj)	$36,500	$13,120	$49,620	$49,620	
Security :Monitoring	$2,208	$540	$2,748	$2,748	
Security (guards	$60,000	$4,426	$64,426	$64,426	
'I'eleylione	$8,600	$7,019	$15,619	$15,619	
Insurance	$34,609	($1,163)	$33,446	$33,446	
(jenera[ J'aciflty .'Maint/Common §rounds .'Maint	$59,833	$0	$59,833	$59,828	
'PooC:M.aintenance	$24,300	($4,375)	$19,925	$19,925	
Pao[ Ch.emicafs	$11,136	$1,934	$13,070	$13,070	
Janitoria{Services/Suyyfies	$22,788	($9,564)	$13,224	$13,224	
'Window C[eanin.g	$2,767	($1,839)	$928	$928	
Proyane (jas	$500	$326	$826	$826	
'Efectric	$25,000	($761)	$24,239	$24,239	
Sewer/Water/Irrigation	$36,753	($814)	$35,939	$35,939	
'Repair antf'R.ey&cements	$23,600	$80,000	$103,600	$102,011	
'.Refuse	$7,900	$5,504	$13,404	$13,404	
Pest Contra[	$5,840	($740)	$5,100	$5,100	
:facility 'Preventative .Jvf.aintenance	$2,680	($2,680)	$0	$0	
.'Access Cards	$500	$2,650	$3,150	$3,150	
License/Permits	$1,968	($918)	$1,050	$1,050	
Otlier Current	$1,500	$647	$2,147	$2,147	
SyeciaI'Events	$20,000	$50,000	$70,000	$65,007	
Landscape 'Repfacements	$500	($500)	$0	$0	
Office Suyy{i£s/1'ostage	$1,400	$2,089	$3,489	$3,489	
Capita['Exjenditure	$3,772	($3,772)	$0	$0	
'DeveWyer ..'A.menity 'R.ey[acements	$0	$0	$0	$0	
§eneral'R.eserve	$8,421	$0	$8,421	$8,421	
Capita[ Out[ay	$0	$2,286	$2,286	$2,286	
Jnterfuntf 'lransfer Out	$0	$0	$0	$0	
'lota{.J\menity Center 'Ex enses	$462,325	$144,181	$606,506	$599,920	

..'Am.enity 'Ri-ver Cfu.6					
(jenera{ Manager	$32,500	($6,258)	$26,242	$26,242	
Community :facility Staff	$27,500	($1,566)	$25,934	$25,934	
Community .Maintenance Staff'	$26,750	$7,576	$34,326	$34,326	
Jacifi.ty .Jlttentfants	$45,750	($32,825)	$12,925	$12,925	
Security Jvf.onitoring	$2,000	($2,000)	$0	$0	
'Je{rylione	$5,000	($5,000)	$0	$0	
(jenera[ JaciEi.ty .Maint/Common (jrounds Jvf.aint	$16,167	($6,470)	$9,697	$9,697	
Poo{Maintenance	$12,150	($6,332)	$5,818	$5,818	
Pao[Cfiemicafs	$10,000	($10,000)	$0	$0	
Janitoria[Servi.ces	$11,394	$797	$12,191	$12,191	
'Window cre.aning	$2,500	($2,500)	$0	$0	
'Prcpane (jas	$500	($500)	$0	$0	

'.Rivers Ttfge
Community   Vevefuyment   'District Y}/18 (jenera{:fund:'Budget ..'A.mend"ment #1 Jor '11ie Periocf'Endi.ng SeytemGer 30, 2018

.5'.CTI.L'AL
9/30/18

XD01'T'E1J	I:NC'R:E:AS'E	:A:M'E:N'D'E1J
'Descrivtion	13'U1J(i'ET	(1J'EC'R:E:AS'E)	13'U1J(i'ET

'Ele.ctric	$20,000	($20,000)	$0	$0	
Sewer/Water/Irrigati.on	$30,000	($30,000)	$0	$0	
'Reyair an£ 'Rey{acements	$5,000	($5,000)	$0	$0	
'.Refuse	$7,000	($7,000)	$0	$0	
Pest Contro(	$2,500	($2,500)	$0	$0	
Jacifi.ty Preventative .'Maintenance	$2,000	($2,000)	$0	$0	
License/Pennits	$1,500	($1,500]	$0	$0	
Otlier Current	$1,000	($1,000)	$0	$0	
Syecia['Events	$20,000	($20,000]	$0	$0	
Lancfscaye 'ReyG:tcements	$500	($500)	$0	$0	
OffU:e Suy_p[ies/Postaae	$500	($500]	$0	$0	
Cayit a{ 'Exyendlture	$0	$16,743	$16,743	$16,743	
Cafe ancf Other 'Exyenses	$0	$21,900	$21,900	$21,900	
Totaf .'Am.enity 'River Cfu& 'Expenses	$282,211	($116,435]	$165,776	$165,776	
					
'lota£'Exyenses	$1,878,646	$537,569	$2,416,215	$2,373,688	
					
'Excess '.Revenues ('Expenditures)	$0	$0	$0	($41,493]